How to Make Money Online Flipping Domains
Filed under Selling Domains
In these tough economic times, many folks are finding themselves out of a job and struggling to find a new one. But online marketing has become a “go to” career for many folks these days. There are plenty of ways to make money on the Internet, and best of all you do not have to work for anyone else. You set your schedule, plan for your business, and execute your strategy. Flipping domains is one of the best ways to make a killing online. The concept is very similar to flipping in the real estate business. You buy a domain, create a website, make improvements, and sell it for profit.
If you have used Google to search for anything in the past few years, you probably have seen many sites and domains that are under-performing. Not everyone knows how to get the best out of their online assets. By becoming a domain flipper, you can take advantage of this trend to buy under-developed domains and renovate them to add to their values. You can then put it up for sale and earn passive income in the process.
One way to flip a domain is by creating a niche portal and drive traffic to it. Your goal should be to develop a website that is easy to use and provides solid information to your visitors. Once you start driving traffic to it and earn revenue from your domain you can sell it for 10-20 times what you are earning on a monthly basis. Not only that, you can also earn passive revenue from your domains while you are waiting for buyers.
A lot of domainers, park their domains and drive traffic to their parked domains. This approach is less time consuming but could lead to you earning less profit in the process. The more traffic you drive to your site, the more valuable it is to potential buyers.
Many buyers also pay attention to your domains PR ranking, which means link building should a part of your overall strategy.
There is no limit to the amount of money you can earn from flipping domains. It all comes down to how much traffic and revenue you receive from your site. The process can be time consuming at first but once you get a handle of it, you can repeat and keep earning money.
Interested in learning more about Internet real estate business?
Domain flipping is not the only way you can go about earning money in this business. Log on to i-netpreneur to find out killer flipping strategies that you can use to keep earning those big checks.